Netflix is expected to report adjusted earnings of $0.41 per share on revenue of $2.974 billion. The company is also expected to report the number of added subscribers in the third quarter. Analysts are estimating a net add of 774,000 US streaming subscribers and 3.72 million international subscribers in the quarter, according to data from Bloomberg.

Wall Street is fairly bullish ahead of the earnings report. About 60% of investors surveyed by Bloomberg are bullish on the stock. Goldman Sachs is the most bullish on Wall Street, with a price target of $235, about 18% higher than Netflix's Monday price of $198.33.

Goldman upped its price target to $235 on Friday. The firm said it expects the stock to rise after the company releases earnings because it thinks current subscriber estimates are too low. Goldman expects 13.9 million new Netflix subscribers in the second half of the year, while the rest of Wall Street currently expects 10.8 million.